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Business and Economics for Peace and Development

Extreme income disparity and lack of a strong middle class have kept societies unstable throughout the world. Outbreaks of war and civil disorder divert development resources to military and security use, and cripple incentives for investment and long-term development. Other human costs can’t be measured—disease, displacement, poverty and destruction of infrastructure.

Conversely, economic activity thrives in an environment of political and social stability. Peace is a precondition of prosperity, but economic cooperation and openness leads to peace. We in the business community have a vital role to play in promoting peaceful commerce for the welfare of all people.

The Global Peace Foundation has connected with business leaders and organizations, and economic policy experts to advance models of economic development and business that support the goals of peace and prosperity, driven by shared values and universal principles.

'WITH the fundamentals for a sustainable growth, the Philippines can become an economic and moral force that can lead an effort to realize the Association of Southeast Asian Nations’ (Asean) full potential and stabilize the rest of Asia,' reported the Manila Times on the Global Peace Econom